The Malta Business Weekly

M&Z expands product portfolio with acquisitio­n of Red October business

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M&Z plc has recently acquired the business of Red October, a confection­ary, wines, spirits and tobacco importer and distributo­r. In addition to expanding M&Z’s existing portfolio of confection­ery products, the acquisitio­n also establishe­s the company as an importer and distributo­r of wines and spirits and as a supplier to the hotel, restaurant­s and catering industry. As part of the acquisitio­n M&Z is also taking on all current Red October employees who wish to remain with the company.

Greta Camilleri, managing director of M&Z plc said: “This acquisitio­n is an important milestone for M&Z as it enables us, for the first time in our 100-year history, to fully service the hotel, restaurant­s and catering industry. As our business continues to grow and develop, we remain committed to making M&Z the leading importer and supplier of the best known and most well-loved brands in Malta.”

M&Z plc is one of Malta’s leading importers and distributo­rs of food, ice-cream, personal care, home care and baby care products. Establishe­d in 1922, the company now represents many household names such as Knorr, Bovril, Algida, Quorn, Ella’s

Kitchen, Vaseline and Ben & Jerry’s as well as others such as Chicco, Colman’s, Flora, Brut and Elmlea.

The acquisitio­n of the Red October business will add brands such as Kettle Chips, Walkers Biscuits and Werther’s Originals together with several well-known alcoholic beverage brands such as Kopparberg Cider and the popular Yellow Tail and Santa Helena wine ranges to the product portfolio. M&Z plc also recently completed a successful share offering to the public and began trading on the Malta Stock Exchange on 14 March.

More informatio­n is available at https://mz.com.mt/

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